I can't understand why Carpy didn't weld on a couple of tabs so that you could tie the bottom rails to the top rail, the CB750 is a heavy bike, and the mild steel frame needs all the bracing that Honda engineered into it, and then some.
I've posted pics in an old thread somewhere of the "Big Benly" bike that Cycle World built in 1999, and the amount of extra bracing required (particularly in that area) to make the bike handle at high speed was substantial, so even for a bike ridden "carefully" (if there's such a way) I certainly wouldn't remove any factory bracing, particularly with the spindly 35mm OEM forks and crap shocks.
Modern tires with their stickier compounds will exacerbate the problem, making the 30+ year old frame flex more than it ever has before, and could well crack the frame, or even spit you off. If I were you, I'd weld a couple of tabs onto the lower tubes and bolt them on to the remains of the factory triangular brace, to return some of the factory rigidity. just my two cents, and I'm not trying to rain on your parade mate, I just don't understand why Carpy thought it was unnecessary, considering that his bikes are (loosely) termed Cafe
Racers, when that's obviously not a mod any self respecting racer would consider......... Cheers, Terry.